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Investor Presentaiton

Tissue Papers USA ■Canada 32% 2021 cascad Fluff Fluff ULTRA iscades cascades Fluff ENVIRO Annual Sales 68% 25% 2021 Annual Sales (CAN $M) 2,000 4th largest tissue producer in N.A. Recycled Virgin 1,615 1,600 1,509 10.8% 75% 1,352 175 1,339 1,268 7.4% 5.7% 1,272 1,200 94 86 1.3% 72 2.1% 28 27 17 800 16 -1.4% -19 -37 Retail Tissue 54% of 2021 sales Branded: 7% Private label: 47% 36% of 2021 sales Branded: 19% Private label: 17% Away-from- Home Parent Rolls 400 -122 -144 10% of 2021 sales 0 2017 2018 2019 2020 2021 LTM Q2 2022 Sales -Operating Income (Loss) —Adj. OIBD¹ & Margin 2021 INTEGRATION RATE: 74% 1 Please click here and here for supplemental information on non-IFRS measures and other financial measures. 24
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